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Making Sen$e with Paul Solman: Treasury Secretary Lew on Long-Term Unemployment, Party Divide on Spending Cuts
Source: Council for Economic Education (EconEdLink) | Type: Interactive Tool - Making Sen$e with Solman
In a conversation with economics correspondent Paul Solman, Treasury Secretary Jack Lew addresses jobs and economic growth -- issues paramount to most Americans -- as well the political fight over automatic spending cuts, the implementation of Dodd-Frank and reform on Wall Street.
Grades:
Concepts:
- Aggregate Demand (AD)
- Business Cycles
- Derived Demand
- Federal Budget
- Labor
- Labor Market
- Revenue
- Role of Government
- Unemployment Rate
Standards:
- Economics 5: Gain from Trade
- Economics 6: Specialization and Trade
- Economics 13: Role of Resources in Determining Income
- Economics 15: Growth
- Economics 17: Using Cost/Benefit Analysis to Evaluate Govern
- Economics 18: Macroeconomy-Income/Employment, Prices
- Economics 19: Unemployment and Inflation
- Economics 20: Monetary and Fiscal Policy
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